SNDL Repurchase Program

NASDAQ:SNDL   Sundial Growers Inc
Sundial announced last week a share repurchase program!

Program will commence on November 19, 2021 and expire on November 19, 2022.

Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares.

Last month, Sundial announced the purchase of retail company Alcanna , which operates 171 liquor stores in Canada!

Average Volume: 99,022,325
Yesterday`s Volume: 360,765,136

My short term price target is the 1.6usd resistance.

Long term, SNDL can go to $4.

Looking forward to read your opinion about it.